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VARROC - Varroc Engineering Share Price

₹220.05 4.3  2.0%

Last Trade - 11:23am

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £297.2m
Enterprise Value £624.8m
Revenue £1.14bn
Position in Universe 428th / 3000
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -9.98%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -59.0%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
69,508 82,189 96,085 103,785 120,365 111,219 102,706 125,012 +9.9%
-60.0 +2,100 +1.3 +20.2 -6.3 -99.3
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 March 2020, Varroc Engineering Ltd revenues decreased 8% to RS111.22B. Net income decreased 100% to RS1.9M. Revenues reflect Automotive segment decrease of 7% to RS108.97B, Others segment decrease of 26% to RS2.25B, India segment decrease of 10% to RS37.4B, North America segment decrease of 20% to RS16.08B. Net income also reflects Employee benefits expense - Balancing va increase of 9% to RS13.81B
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Varroc Engineering Limited is an India-based company. The Company is focused on designing, manufacturing and supplying exterior lighting systems, plastic and polymer components, and electrical and electronics components. It also supplies precision metallic components to passenger car, commercial vehicle, two-heeler, three-wheeler and off highway vehicle (OHV). The Company's segments include Polymer, Electrical, Engine valve, Forged components, and Lighting. Its products include Engine and engine parts, drive transmission and steering parts, suspension and braking parts, electrical parts, and other products including body and chassis.

Directors
Last Annual March 31st, 2020
Last Interim March 31st, 2020
Incorporated May 11, 1988
Public Since July 6, 2018
No. of Shareholders: 48,754
No. of Employees: 14,300
Sector Consumer Cyclicals
Industry Automobiles & Auto Parts
Index
Exchange National Stock Exchange of India
Shares in Issue 134,811,530
Free Float (0.0%)
Eligible for
ISAs
SIPPs
VARROC Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
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Latest News for VARROC
Upcoming Events for VARROC
Friday 14th August, 2020
Varroc Engineering Ltd Annual Shareholders Meeting
Friday 14th August, 2020
Q1 2021 Varroc Engineering Ltd Earnings Call
Frequently Asked Questions for Varroc Engineering
What is the Varroc Engineering share price?

As of 11:23am, shares in Varroc Engineering are trading at ₹220.05, giving the company a market capitalisation of £297.2m. This share price information is delayed by 15 minutes.

How has the Varroc Engineering share price performed this year?

Shares in Varroc Engineering are currently trading at ₹220.05 and the price has moved by -51.1% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Varroc Engineering price has moved by -52.69% over the past year.

What are the analyst and broker recommendations for Varroc Engineering?

Of the analysts with advisory recommendations for Varroc Engineering, there are there are currently 5 "buy" , 1 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Varroc Engineering is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Varroc Engineering next release its financial results?

Varroc Engineering is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Varroc Engineering dividend yield?

The Varroc Engineering dividend yield is 1.39% based on the trailing twelve month period.

Does Varroc Engineering pay a dividend?

Last year, Varroc Engineering paid a total dividend of 3, and it currently has a trailing dividend yield of 1.39%. Looking ahead, Varroc Engineering has not announced an ex-dividend date yet.

When does Varroc Engineering next pay dividends?

Varroc Engineering has yet to annouce their ex-dividend date. The historic dividend yield on Varroc Engineering shares is currently 1.39%.

How do I buy Varroc Engineering shares?

To buy shares in Varroc Engineering you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Varroc Engineering?

Shares in Varroc Engineering are currently trading at ₹220.05, giving the company a market capitalisation of £297.2m.

Where are Varroc Engineering shares listed? Where are Varroc Engineering shares listed?

Here are the trading details for Varroc Engineering:

Country of listing: India
Exchange: NSI
Ticker Symbol: VARROC
What kind of share is Varroc Engineering?

Based on an overall assessment of its quality, value and momentum, Varroc Engineering is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Varroc Engineering share price forecast 2020?

Shares in Varroc Engineering are currently priced at ₹220.05. At that level they are trading at 55.62% discount to the analyst consensus target price of 0.00.

Analysts covering Varroc Engineering currently have a consensus Earnings Per Share (EPS) forecast of -6.13 for the next financial year.

How can I tell whether the Varroc Engineering share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Varroc Engineering. Over the past six months, the relative strength of its shares against the market has been -46.21%. At the current price of ₹220.05, shares in Varroc Engineering are trading at -28.09% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Varroc Engineering PE Ratio?

The Varroc Engineering PE ratio based on its reported earnings over the past 12 months is 0.946k. The shares are currently trading at ₹220.05.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Varroc Engineering?

Varroc Engineering's management team is headed by:

Ravinder Sharma - PRE
Arjun Jain - EDR
Ajay Sharma - CCO
Who are the major shareholders of Varroc Engineering?

Here are the top five shareholders of Varroc Engineering based on the size of their shareholding:

Jain (Tarang) Individual Investor
Percentage owned: 70.16% (94.6m shares)
Chandra (Naresh) Individual Investor
Percentage owned: 7.42% (10.00m shares)
Jain (Suman) Individual Investor
Percentage owned: 7.42% (10.00m shares)
DSP Investment Managers Pvt. Ltd. Investment Advisor
Percentage owned: 2.1% (2.84m shares)
Nippon India Small Cap Fund Mutual Fund
Percentage owned: 1.44% (1.94m shares)
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